FIN RESOURCES LIMITED — Capital/Financing Update 2008

Aug 26, 2008

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26 August 2008

SECTION 708A NOTICE

Name of Issuer: Monitor Energy Limited ABN: 25 009 121 644

The Issuer named above notifies ASX (as the market operator for the Issuer) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act):

• (a) the securities identified below were issued without disclosure under Part 6D.2 of the Corporations Act; and

• (b) as at the date of this notice:

  • (i) the Issuer has complied with the provisions of Chapter 2M and sections 674 and 675 of the Corporations Act; and

  • (ii) there is no information which is excluded information as contained in sections 708A(7) and 708A(8) of the Corporations Act.

DETAILS OF THE ISSUE OR OFFER OF SECURITIES

DETAILS OF THE ISSUE OR OFFER OF SECURITIES	DETAILS OF THE ISSUE OR OFFER OF SECURITIES
Class of Securities:	Options to acquire ordinary shares exercisableat $0.025 per share and expiring 31 August2011.
ASX Code of the Securities:	MHLO
Date of the issue:	25 August 2008
Total number of Securities issued:	1,7000,000

For and behalf of the Board.

Martin Stein Company Secretary Monitor Energy Limited

Level 2, 41-43 Ord Street West Perth WA 6005 Australia PO Box 1440 West Perth WA 6872 Australia Ph: +61 8 9211 1555 Fx: +61 8 9211 5700

ABN 25 009 121 644